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Poverty Reduction and Government Expenditure on Social Safety Net: Bangladesh Perspective

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Poverty Reduction and Government Expenditure on Social Safety Net: Bangladesh Perspective


Shake Mohammed Humayun Kabir



Shake Mohammed Humayun Kabir "Poverty Reduction and Government Expenditure on Social Safety Net: Bangladesh Perspective" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-3 | Issue-5, August 2019, pp.422-426, URL: https://www.ijtsrd.com/papers/ijtsrd25277.pdf

Poverty reduction is the most important challenge for Bangladesh and the social safety net (SSN) program is the mainstay of poverty alleviation strategies. Over the last decade, the country has increased safety net budget significantly and has achieved remarkable success in poverty reduction. The Government of Bangladesh has allocated 7.65 billion US dollars for social safety net programs in the financial year 2018-2019, but this expenditure is not sufficient in the context of the present situation. Insufficient tax revenue is the main barrier to effective public spending. In addition, institutional incapacity and poor tax compliance made the country’s tax-GDP ratio is only 10.6%. To become a poverty-free nation, Bangladesh needs a sufficient revenue base to spend on SSN program.

Social Safety Net, Poverty, Government Expenditure, Tax, National Board of Revenue


IJTSRD25277
Volume-3 | Issue-5, August 2019
422-426
IJTSRD | www.ijtsrd.com | E-ISSN 2456-6470
Copyright © 2019 by author(s) and International Journal of Trend in Scientific Research and Development Journal. This is an Open Access article distributed under the terms of the Creative Commons Attribution License (CC BY 4.0) (http://creativecommons.org/licenses/by/4.0)

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